24 April 2008
KUWAIT CITY : The general assembly meeting of the Al-Safat Real Estate Company was convened on Wednesday April 23, 2008 and the Governing Council approved the recommendation of distributing cash dividend at 10 percent of the nominal value (10 fils per share) for the financial year ending Dec 31, 2007. The company's shares will be issued as of Thursday April 24, 2008.

Kuwait Stock Exchange (KSE) announces that the general assembly meeting of the Gulf Horizon Holding Company will be held on Monday May 12, 2008 at 11 a.m., in the Ministry of Trade and Industry, to discuss the recommendation of the Governing Council for the financial year ending Dec 31, 2007 to distribute cash dividends at 15 percent of the nominal value per share (15 Kuwaiti fils per share). Note that this recommendation is subject to approval by the General Assembly and the competent authorities. The council will also discuss other items on the agenda.

The general assembly meeting of the Mubarrad Transport Company will be held on Thursday 8, May 2008 at 11.15 am at the Ministry of Trade and Industry to discuss the recommendation of the Governing Council for the financial year ending Dec 31, 2007 for the distribution of cash dividends at 8 percent of the nominal value per share (8 Kuwaiti fils per share) and bonus shares at 8 percent of the paid-up capital (8 shares for every 100 shares). Note that this recommendation is subject to approval by the General Assembly and the competent authorities. The council will also discuss other items on the agenda.

© Arab Times 2008